Ciena(US:CIEN) Benzinga·2026-02-09 16:00Group 1 - Financial giants have shown a bullish sentiment towards Ciena, with 55% of traders being bullish and 25% bearish, indicating a positive outlook on the stock [1] - The options activity revealed 20 unusual trades, with a total value of $1,077,816, comprising 6 puts valued at $268,183 and 14 calls valued at $809,623 [1] - Analysts have set an average target price of $270.0 for Ciena, with one analyst maintaining a Buy rating at a target of $280 and another downgrading to Neutral with a target of $260 [6][8] Group 2 - Ciena operates in the telecommunications equipment sector, focusing on optical transport technologies, serving various industries including communication services, web-scale providers, and government [4] - The trading volume for Ciena stands at 1,254,446, with the stock price currently at $290.37, reflecting a 7.02% increase [8] - The expected price movement for Ciena's options is projected within a range of $180.0 to $320.0, indicating significant interest from large players [2][3]